New Ulm, MN
Housing market overview · Updated weekly
$186,661median sale price
Homes sold
9
Last 12 weeks
Days on market
51
Average pace
Active listings
17
1.9 months supply
Sale-to-list
96.1%
Below asking
The New Ulm housing market is currently classified as a seller's market with a median sale price of $186,661. Prices have fallen 28.2% compared to last year, with homes spending an average of 51 days on market, indicating 1.9 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Explore nearby cities in MN
Frequently asked questions
What is the average home price in New Ulm?
The median home sale price in New Ulm is $186,661, down 28.2% from last year.
How long do homes stay on market in New Ulm?
Homes typically spend 51 days on market before going under contract.
Is New Ulm a buyer's or seller's market?
With 1.9 months of supply, New Ulm is currently a seller's market.
Get New Ulm market alerts
Weekly updates on prices, inventory, and trends. Free forever.